Personal Income Tax Extensions

With the federal government looking like it is about to default on its obligation to pay the nation’s debts, it seemed like a good time to remind everyone that it is possible to delay your annual obligation to file your income tax paperwork by submitting an income tax extension form, even though the federal . . . → Read More: Personal Income Tax Extensions

Prognostication

The news statewide is that the jobs count dropped and the unemployment rate ticked up in June, just as it did for the US as a whole.

To be the optimistic contrarian, I’m going to go out on a limb here and say that when we learn the comparable data for the Pittsburgh region in a . . . → Read More: Prognostication

A Look at Regulation in the Credit Card Industry

The Credit Card Accountability, Responsibility and Disclosure Act, (CARD Act) is now one year old, and the Consumer Financial Protection Bureau released data showing its impact on the credit card industry as it prepares to begin its role as regulator of consumer financial products later this year.

This data showed that credit card late . . . → Read More: A Look at Regulation in the Credit Card Industry

Incentives Matter

Walter E. Williams:

Why is there widespread cheating by America’s educators? According to Diane Ravitch, who is the research professor of education at New York University, it’s not teachers and principals who are to blame; it’s the mandates of the No Child Left Behind law, enacted during the George W. Bush administration. In other . . . → Read More: Incentives Matter